Published on : Aug 30, 2018
Albany, New York, August 30, 2018: Today, consumers desiring to purchase coconut oil have a wide variety of choices. Today virgin oil, the same oil but processed naturally, has gained its global reputation due to its numerous benefits to the body. Market Research Hub (MRH) has recently added a study titled “Global Extra Virgin Coconut Oil Market Insights, Forecast to 2025” to its expanding research database, which offers comprehensive insights from the market covering some prime regions. The main motive of the study is to provide an in-depth analysis of the market trends, factors in the current market along with industry growth prospects from 2013 to 2017, and forecast to 2025.
Market Overview and Forecast Insights
Today, there are many coconut oils on the market that are labeled as "virgin coconut oil," or "extra virgin coconut oil." It has been analyzed that extra virgin coconut oil (EVCO) has numerous health benefits. When eaten, it can help regulate blood sugar, fight heart disease, speed up weight loss, and improve the immune system, therefore its demand is higher across the globe. As per the active research projections, n 2017, the global extra virgin coconut oil market size was grown impressively and is forecast to reach a higher valuation in million US by 2025-end, growing at a substantial CAGR during period 2018-2025.
In order to provide a clear overview of the market, this report studies the global market size of Extra Virgin Coconut Oil in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Extra Virgin Coconut Oil in these regions. Of these, the research states that APAC is the largest producer of virgin coconut oil, and most of the oil produced in the region is mainly exported to other geographic regions.
Moreover, the research outlines opportunities present in the market on the basis of players/brands, region, type and application. On the basis of type, the study covers food grade, beauty and cosmetics grade, and medicine grade. Application-wise, extra virgin coconut oil is widely used for commercial and home purpose. It has been evaluated that the populations that consume the highest amount of coconut oil have the lowest rates of heart disease and best cardiovascular health in the world.
An important section covering vendor landscape highlights several aspects of key players such as product portfolio, innovation and recent developments. Key players active in the market include NMK Holdings Private Limited, Sun Bio Naturals India Private Limited, Cocomate, Greenville Agro Corporation, Manchiee De Coco, Genius Nature Herbs Pvt. Ltd., P.T. Harvard Cocopro, Keratech, Naturoca, Nature Pacific Pty Ltd., Harin Bio-Tech International Private Limited, Celebes, KKP Industry and Sakthi Exports.
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